The rent prices in real estate in Belagavi, in the Karnataka region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.foot in Belagavi has fallen during the last 6 months. In October, the average price per sq.foot was ₹ 12.84. In November this price barely changed remaining at ₹ 12.28 per sq.foot. In the following two months the price per sq.foot has practically remained the same, going from ₹ 12.56 to ₹ 11.98 per sq.foot. The price per sq.foot has hardly changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 12.27 to ₹ 11.88 during February y March
When referring to the price in Belagavi (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is ₹ 14,928. In November This price remains at ₹ 14,296. During the following two months (December, January) the average price had a considerable fall of 85 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of ₹ 13,492.25 and ₹ 12,987.5 between February and March.
The graph displaying the average rent price for BHK illustrates that those properties with 1 BHK are the most affordable ones. At a price of ₹ 12,959 they are 48 % more affordable than the average price for Belagavi . The properties with the highest average price have 4 BHK, Their price is 98 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 22,700.
With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 10.84 / sq.foot, with an average ₹ 11.65 / sq.foot price in Belagavi. The properties with the most expensive average prices have 3 BHK. They are 17 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 11.28 / sq.foot.
According to average price per property type in Belagavi, "" priced at ₹ 12,680 is 2 % lower than the average price (₹ 12,959) in this city.